United Kingdom: Hong Kong: Recent Economic Developments

May 7, 1996

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United Kingdom: Hong Kong: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed November 26, 2024

Summary

This paper reviews economic developments in the United Kingdom—Hong Kong during 1990, focusing on the expansion and the subsequent slowing in domestic demand in the 1990s, against the background of the export-driven growth in the second half of the 1980s. Developments in aggregate demand and supply, labor and property markets, and inflation and competitiveness are analyzed. The paper reviews budgetary developments, discusses issues in the structure of revenue and expenditure, and describes the proposed Mandatory Provident Fund scheme. Monetary and exchange rate developments are also analyzed.

Subject: Banking, Housing, Imports, Income, International trade, Labor, National accounts, Personal income

Keywords: Asia and Pacific, Banking sector, CR, Exchange rate, Fiscal year, Global, Hong Kong dollar, Housing, Imports, Income, ISCR, Labor market, Personal income, Trade balance, U.S. dollar

Publication Details

Pages:

132
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/029
Stock No:

1HKGEA0011996
ISBN:

9781451816792
ISSN:

1934-7685

Notes

This report was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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